Prakash Pipes
214.96
-1.06(-0.49%)
Market Cap₹514.15 Cr
PE Ratio9.72
Company Performance:
1D-0.49%
1M+3.46%
6M-32.86%
1Y-45.40%
5Y+86.60%
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More news about Prakash Pipes
06Sept 25
Prakash Pipes Limited Reports Robust Growth in Q3 and Nine-Month Financial Results
Prakash Pipes Limited (PPL) announced robust Q3 FY2024 results. Net sales reached Rs. 158.00 crores, operating profit increased 43% to Rs. 30.00 crores, and PAT grew 72% to Rs. 23.00 crores. For the nine-month period, net sales were Rs. 505.00 crores, operating profit rose 20% to Rs. 77.00 crores, and PAT increased 25% to Rs. 64.00 crores. The PVC Pipes & Fittings Division saw 10% growth, while the Flexible Packaging Division expanded its customer base. PPL also received approval for reclassifying Aircon Systems (India) Private Limited from 'Promoter Group' to 'Public Group', maintaining promoter holding at 44.41% and public holding at 55.59%.
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05Sept 25
Prakash Pipes Secures Exchange Approval for Aircon Systems Reclassification, Receives BSE Warning
Prakash Pipes Limited (PPL) has obtained approval from NSE and BSE to reclassify Aircon Systems (India) Private Limited from 'Promoter Group' to 'Public Group'. The reclassification, approved on September 4, 2025, results in Aircon Systems holding nil shares in PPL. Post-reclassification shareholding remains unchanged with Promoters at 44.41% and Public at 55.59%. BSE issued a warning to PPL for delayed disclosure of the reclassification application, citing a violation of SEBI regulations. PPL acknowledged the warning and committed to ensuring strict compliance in the future.
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14Aug 25
Prakash Pipes Reports 59% Drop in Q1 Net Profit Amid Stable Revenue
Prakash Pipes Limited experienced a significant decline in Q1 net profit, falling 59% to ₹103.00 crore from ₹254.00 crore year-over-year, despite maintaining stable revenue at ₹2,034.00 crore. EBITDA decreased to ₹163.00 crore from ₹329.00 crore, with the EBITDA margin contracting to 8.01% from 16.06%. The PVC Pipes & Fittings division saw increased sales volume at 14,115 MT, up from 12,704 MT, while the Flexible Packaging division grew modestly to 3,751 MT from 3,705 MT. The company remains optimistic about future demand, citing favorable monsoon conditions and government infrastructure spending.
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30May 25
Prakash Pipes Reports Q4 Results: Net Profit Declines to ₹103 Million, Declares Dividend
Prakash Pipes' Q4 results show a significant 59.45% year-over-year decrease in net profit to ₹103.00 million, despite a 10.91% increase in revenue to ₹1.83 billion. EBITDA fell by 42.05% to ₹175.00 million, with EBITDA margin declining to 9.58% from 18.32%. The company has declared a dividend of ₹2.40 per share.
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09Apr 25
Dolly Khanna Boosts Stake in Prakash Pipes to 4.08% in Q4
Renowned investor Dolly Khanna has increased her stake in Prakash Pipes Limited by 0.40 percentage points, bringing her total shareholding to 4.08%. This move during the fourth quarter signals continued confidence in the company's prospects and has attracted attention from market watchers. Prakash Pipes Limited is a manufacturer of PVC pipes and fittings, serving sectors such as agriculture, housing, and infrastructure.
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Prakash Pipes
214.96
-1.06
(-0.49%)
1 Year Returns:-45.40%
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